Dorman Products Inc reports results for the quarter ended in September - Earnings Summary

Dorman Products

31/10/2023 13:31

* Dorman Products Inc  DORM.OQ  reported quarterly adjusted
earnings of $1.40​​ per share for the quarter ended in
September. The mean expectation of three analysts for the
quarter was for earnings of $1.59 per share.
    * Revenue rose 18.1% to $488.19 million from a year ago;
analysts
expected $487.26 million. 
    * Dorman Products Inc's reported EPS for the quarter was
$1.28​.
    * The mean earnings estimate of analysts had risen by
about 1.3%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Dorman Products Inc shares had fallen by 4.0% this
quarter and
lost 10.0% so far this year.
    * The company reported quarterly net income of $40.52
million.
    * Wall Street's median 12-month price target for Dorman
Products
Inc is $104.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
October 31 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      1.59           1.40           Missed
 Jun. 30 2023      1.07           1.01           Missed
 Mar. 31 2023      0.94           0.56           Missed
 Dec. 31 2022      1.05           1.01           Missed